Anglo lowers diamond and iron output but remains on track overall
18 July 2019 - 09:58
Anglo American lowered full-year production targets at two key subsidiaries in diamonds and iron ore but kept its group forecast “broadly” intact.
Anglo, which is listed in London and Johannesburg, noted, however, that its output when measured as a copper equivalent rose by 2% in the quarter to end-June, with its historically difficult Minas-Rio iron ore mine in Brazil ramping up production ahead of target...
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